Mutual Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
HIGHLAND FIXED INCOME FUND CLASS A (NASDAQ:HFBAX)
Sidelines Mode (-55) - HFBAX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HFBAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HFBAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HFBAX
The long-term trend has been DOWN since Mar 12th, 2020 at 12.97
The intermediate-term trend has been DOWN since May 18th, 2020 at 12.82
The short-term trend has been UP since May 20th, 2020 at 12.84
Smart Scan Analysis for HFBAX
Based on our trend formula, HFBAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.38||52wk High Date||2020-03-06|
|52wk Low||11.93||52wk Low Date||2020-03-18|
|Year End Close||13||Payment Date||2005-12-22|